Skip to content
Tax, SDIRAs & Cost Segregation

User Stats

198
Posts
45
Votes
Aaron Moayed
  • Real Estate Broker
  • Sacramento, CA
45
Votes |
198
Posts

Can't Place Conventional Loan Title in LLC?

Aaron Moayed
  • Real Estate Broker
  • Sacramento, CA
Posted Jun 19 2019, 10:20

My mom's mortgage broker told her this:

"A conventional loan, Fannie, Freddie, or VA, FHA do not allow title into a LLC. Commercial loans (5 + units apartment buildings) allow it but not for residential. Or an Alt A lender allows it but the interest rate is much higher than a conventional loan."

in response to the question - How hard is it to obtain a mortgage loan with an LLC? Is he smoking rocks, or is this true? Can you not do a conventional loan with an LLC? All LLC folks here have Alt A or commercial loan?

Loading replies...